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Super Micro Stock Surges on Reports of Plan to Avoid Delisting

Super Micro Computer shares soared over 16% in premarket trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.A report from Barron's, citing a person familiar with the matter, said the company intends to submit the plan by Monday.Supermicro said it received a letter from the Nasdaq on Sept. 17 warning it would be delisted if it does not file the delinquent report or submit a plan within 60 days, or by Nov. 1

Super Micro Stock Surges on Reports of Plan to Avoid Delisting

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